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653 Red Fern Road
About This Property
Relax with your morning coffee on the covered front porch with a great view of the street. Additional features include a yard building for extra storage, overhead garage storage, and added attic insulation for energy efficiency.
Inside, the home has been freshly repainted and updated with new flooring throughout, upgraded appliances, an updated bathroom, and modern lighting and fixtures.
Simple, comfortable, and ready for you to move in. Schedule a showing today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017